Investment arguments

Investing in Eastnine’s shares confers a stake in a Swedish listed real estate company focusing on high-yielding, modern and sustainable office properties in Poland and the Baltics. Eastnine combines Swedish corporate governance with local property management and market knowledge.

Long-term trends

  • Well positioned to monetize on the upside of long-term trends.
  • Eastnine is operating in markets which economies have outgrown peers historically. GDP growth in these countries is expected to continue to grow at a faster pace going forward.
  • Yield and rent level gap for prime offices in Eastnines markets relative to peer markets are expected to decrease over time. Rents are expected to continue rising, and yields are expected to decrease.

    See graph below: Prime office rents & prime office yield.
Nowy Rynek D

Prime offices

  • Strict focus on prime and sustainable office buildings in key accessible and inspiring locations.
  • Long-term owner with buy-and-hold perspective, seeking strong positions in each market.
  • Serving a strong and diversified tenant base, nurturing long-term relationships.
  • Eastnines property portfolio is relatively young.

High-yield

  • Present in high-yield markets, clearly above neighbouring markets, offering an attractive CF profile
  • Same cost of debt translating into higher cash returns, plus opportunity for long-term value growth.
Prime office rent